Italy / Finland

Italy-Finland Trade: In 2023, Italy exported $2.43B to Finland. The main products that Italy exported to Finland were Motor vehicles; parts and accessories (8701 to 8705) ($107M), Electrical Transformers ($76M), and Valves ($62.9M). Over the past 5 years the exports of Italy to Finland have increased at an annualized rate of 4.62%, from $1.94B in 2018 to $2.43B in 2023.

In 2020, Italy exported services to Finland worth $503M, with Other business services ($403M), Travel ($49.2M), and Transportation ($13.7M) being the largest in terms of value.

Finland-Italy Trade: In 2023, Finland exported $2.78B to Italy. The main products that Finland exported to Italy were Large Flat-Rolled Stainless Steel ($525M), Sulfate Chemical Woodpulp ($152M), and Kaolin Coated Paper ($133M). Over the past 5 years the exports of Finland to Italy have increased at an annualized rate of 8.03%,  from $1.89B in 2018 to $2.78B in 2023.

In 2020, Finland exported services to Italy worth $428M, with Computer and information services ($250M), Other business services ($76.5M), and Transportation ($46.8M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).